Can the demand stimulating policy be effectivein the period of sluggish growth of the Russian economy?

Author:

Berezinskaya O.1,Vedev A.1

Affiliation:

1. Institute of Applied Economic Research, Russian Presidential Academy of National Economy and Public Administration

Abstract

The reaction of the manufacturing industry to changing demand is a key indicator of the effectiveness of related demand-boosting policy measures. The paper analyzes the industry response to shifts in demand from end consumers through a set of development models in times of vivid growth, turbulence, and deterioration of internal and external growth drivers in 2006-2016. The models employed during the period of sluggish growth are reviewed through a magnifying glass.

Publisher

NP Voprosy Ekonomiki

Subject

Economics and Econometrics,Finance

Reference4 articles.

1. Mau V. (2017). The lessons of stabilization and prospects of growth: Russia’s economic policy in 2016. Voprosy Ekonomiki, No. 2, pp. 5—29. (In Russian).

2. Vedev A., Kosarev A. (2012). Quantitative assessments of institutional improvements’ impact on economic growth in Russia. Ekonomicheskaya Politika, No. 1, pp. 50—65. (In Russian).

3. Berezinskaya O., Vedev A. (2017). Russian economy’s dependence on imports. Ekonomicheskoe Razvitie Rossii, No. 4, pp. 19—25. (In Russian).

4. Berezinskaya O. (2017). Investment activity: A protracted pause. In: Monitoring of Russia’s Economic Outlook, No. 9. Мoscow: Gaidar Institute Publ., pp. 18—21. (In Russian).

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1. Wage Dynamics and Economic Growth: Russian Realities;Economics of Contemporary Russia;2021-12-29

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